Breaking news: Reliance Industries reports a decline in profit, while Tejas Networks shares surge ahead of results announcement!
Reliance Industries Limited (RIL) recently released its Q4 results, unveiling a 1.8% decline in net profit to Rs 18,951 crore. Analysts had anticipated a degrowth in profit, but the sales saw a double-digit growth. The conglomerate's revenue, however, showcased an 11% rise, boosting investors' confidence.
On the other hand, Tejas Networks witnessed a 20% surge in share price prior to the quarterly results reveal. The stock soared by 19.82%, reaching an intraday high of Rs 928.95, eventually settling 16.83% higher at Rs 928.95.
In another remarkable update, Reliance Jio, the telecom arm of RIL, saw a significant profit jump of over 13% in Q4, amounting to Rs 5,337 crore. The company continues to strengthen its position in the competitive telecom market, showcasing impressive growth.
As investors eagerly await the upcoming results from Tata Consumer, Tata Elxsi, M&M Finance, and ICICI, the market sentiment remains optimistic about the future financial performance of these key players.
Interesting Fact: Reliance Jio's Q4 net profit surged by 13.2%, showcasing its robust financial performance amidst market challenges.
Did you know? Tejas Networks' share price movement ahead of results exemplifies the anticipation and excitement surrounding quarterly financial disclosures in the stock market.
RIL Q4 earnings: Analysts were expecting the oil-to-telecom major to log a 5-10 per cent degrowth in profit but a double digit growth in sales.
Reliance Q4 Results LIVE Updates: Mukesh Ambani-led RIL posted 1.8% year-on-year decline in its net profit to โน18951 crore. Revenue rises 11% amounting to ...
Billionaire Mukesh Ambani-owned oil-to-telecom-to-chemicals conglomerate Reliance Industries Limited (RIL) on April 22 reported 11 percent rise in consolidated ...
Reliance Q4 Result LIVE: Mukesh Ambani-led Reliance Industries Ltd (RIL) released its quarterly results today (April 22). The oil-to-telecom-to-chemicals ...
Tejas Networks share price: The stock zoomed 19.82 per cent to hit an intraday high value of Rs 928.95. It eventually settled 16.83 per cent higher at Rs ...
Reliance Jio Q4: The telecom carrier said its net profit climbed to Rs 5337 crore in the January-March quarter from Rs 4716 crore a year ago.
Shares of Reliance Industries closed at Rs 2962.90 on the BSE on Monday, ahead of the company's Q4FY24 results.
Reliance Jio Q4 Results: Net profit rises 13% Y-O-Y to โน5337 crore during the March'2024 quarter. On a sequential the net profit growth was soft at 2.47% ...
Telecom business of Reliance Industries, Reliance Jio Infocomm, on Monday reported a 13.2 per cent year-on-year rise in standalone net profit at Rs 5,337 ...
Reliance Jio Q4 Results: The revenue for the reported quarter stood at Rs 25959 crore versus ETNOW poll of Rs 26000 crore. The profit after tax was up by ...
Tata Consumer Q4 results: Elara Securities expects Tata Consumer to report 31.8 per cent YoY rise in profit at Rs 362.40 crore on 10.2 per cent YoY rise in ...
Reliance Retail's annual net profit crosses Rs 10K cr; grocery clocks highest growth, followed by fashion and lifestyle.
Mukesh Ambani-led conglomerate Reliance Industries on Monday reported a 2% fall in its consolidated net profit at Rs 18,951 crore for the quarter ended ...
Missing analysts' estimate, Mukesh Ambani-promoted Reliance Industries Limited (RIL) on Monday reported a 1.8 per cent year-on-year (Y-o-Y) decline in its ...
The company saw growth in all product segments led by the wireless segment. · The telecom equipment company's revenues gained By 343 percent to Rs 1326.88 crore ...